Reconciliation Analyst

Bessemer Trust is a family office overseeing $250 billion in assets for wealthy individuals and families. They are seeking a Reconciliation Analyst to manage various reconciliations, maintain departmental procedures, and coordinate with internal teams to resolve discrepancies.

Responsibilities

• Reconcile various General Ledger Accounts (liability, asset and receivable accounts, and suspense accounts)
• Reconcile domestic and international bank accounts
• Reconcile security purchases, sales, dividends, interest, and fees
• Maintain accurate and current departmental desktop procedures
• Investigate and research reconciling items, breaks, and discrepancies in a timely manner
• Coordinate with internal teams (e.g., Finance, Treasury, and Operations) to resolve differences
• Monitor and escalate aged breaks in accordance with established procedures
• Process various journal entries in trust accounting system and general ledger
• Contribute to process improvements, automation initiatives, and system enhancements to increase efficiency and accuracy
• Participate in audits, and internal reviews by providing requested documentation and explanations
• Assist other members of the Bank Operations team around deadlines with time sensitive projects
• Be available to work unannounced overtime when needed

Skills

• Bachelor's degree in Finance, Accounting, Business, or a related field, or equivalent relevant experience
• 1–2 years of experience in bank operations, reconciliations, accounting, or financial services operations
• Working knowledge of cash, securities, and general ledger reconciliation processes
• High attention to detail with the ability to identify, analyze, and resolve discrepancies
• Excellent analytical and problem-solving skills
• Effective written and verbal communication skills
• Strong work ethic (self-motivated, disciplined, focused and hardworking)
• Ability to work effectively both independently and in a collaborative team environment
• Proficiency in Microsoft Excel
• Knowledge of Oracle

Benefits

• Competitive base salary plus discretionary annual bonus for select positions
• A 401(k) plan with a generous annual profit-sharing contribution
• Personalized development and career opportunities, including tuition reimbursement support
• Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
• Employee assistance (EAP) and wellness programs
• Hybrid work environment: 60% in office, 40% remote for most positions
• Paid time off and paid parental leave
• Employer-paid life insurance and short- and long-term disability coverage
• Legal services and financial wellness plans at no cost to employees

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